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My son is looking at a home that was built in 1880. It is an estate sale going for $45k, which is very cheap here in PA. It's 4 bedroom, 2 bath, 1500 square feet. it has many new windows, but needs just about everything. We were lucky enough to see it before anyone else and he's very interested. We know it will need rewired and upgraded to 200amp service (old ungrounded knob and tube). Will need a new furnace and oil tank (not sure if gas is available there). The basement isn't very large. Just big enough for a furnace and oil tank, and a few shelves. The other side is a crawl space with stacked stone foundation. I think that can use some work, but it doesn't seem to be sagging at all. Not sure what we'd be getting into there. I'm also concerned since it's so old there's probably no insulation in the walls. It's a 2 story with a very large attic, large enough to make a nice studio or something out of, but i noticed there was no insulation up there. I'm not sure how bad it will to heat the house and if insulation can be retrofit somehow. Can it be blown into the walls effectively? We'd be effectively gutting the place and putting new drywall up as the plaster walls look pretty rough. He's 30 (and i'm 60) and i'd help him restore the house. I can do a lot of things like plumbing, electrical, and siding. Anyone have any experience with such an old home? it was lived in until last year by the same family forever till the mother had to go into a nursing home.